Colt to stop making AR-15 rifles, weapon of choice in US mass shootings

Legendary US gun manufacturer Colt has said it will no longer produce the AR-15, blaming market forces rather than the semi-automatic rifle's role in some of the country's worst mass shootings. "Over the last few years, the market for modern sporting rifles has experienced significant excess manufacturing capacity," said the company's chief executive Dennis Veilleux in a statement released on Thursday. For that reason, "we believe there is adequate supply for modern sporting rifles for the foreseeable future," he said, noting that his firm would continue to make assault rifles for the US military and law enforcement agencies, as well as its world-famous revolvers.

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